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Reuters to Buy Integration Point

Thomson Reuters will acquire Integration Point for an undisclosed amount, the companies said in a news release. Integration Point is a global trade management provider. "Integration Point's technology platform will allow Thomson Reuters to provide a single, scalable GTM platform…

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and serve customers with an enhanced trade-management solution," it said. Integration Point CEO Tom Barnes will give "transitional support" after the deal closes, and "Robert Bahash, head of business development for the Corporates customer market for Thomson Reuters, will lead the transition and operations of the business following the close," it said.